procurement and cash flow

Business failures hold steady, except among medium-sized SMEs: up 14% in a year

Business failures hold steady, except among medium-sized SMEs: up 14% in a year

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Each month, the Banque de France publishes the number of companies that have entered receivership or judicial liquidation, cumulated over twelve months. At the end of August 2026, this total reached 70,766 business failures, up 4.8% year on year and 19.3% above the 2010-2019 average. The Banque de France describes a stability visible in most sectors and company sizes. The breakdown by size tells another story. Failures rose by 4.4% among micro-enterprises, 8.5% among very small businesses, 11.5% among small businesses and 14.2% among medium-sized SMEs, to 524 failures, which is 59.3% above their long-term average. Mid-sized and large companies recorded 59 failures, against 56 a year earlier and an average of 33 over 2010-2019. By sector, consulting and business services rose by 8.4%, to 9,040 failures, 41.7% above their average. Transport rose by 2.8%, but stands 69.5% above its own average. Construction is the only sector in decline, down 2.4%. The data went online on 9 October 2026.

Our perspective

For a mid-sized company, the risk of failure shows up among its medium-sized suppliers and customers: those that carry a major contract without the financial depth of a large group. The rise is concentrated in this size band and in business services, where consulting, IT and temporary staffing providers sit. Our advice: classify critical suppliers by size and sector, then launch a solvency review within the month for medium-sized SMEs in business services and transport.

Statistics by legal unit: the failure of a subsidiary counts as one. The percentage increases for medium-sized SMEs and mid-sized companies are based on small numbers.

Sources

Banque de France, Stat Info “Défaillances d’entreprises, août 2026” (Business failures, August 2026), published online 9 October 2026, accessed 17 October 2026: https://www.banque-france.fr/fr/statistiques/entreprises/defaillances-dentreprises-2026-08

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